POA Market Value
| POA Crypto | USD 0.0007 0.000008 1.17% |
| Symbol | POA |
POA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to POA's crypto coin what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of POA.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in POA on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding POA or generate 0.0% return on investment in POA over 30 days. POA is related to or competes with Staked Ether, EigenLayer, BLZ, Highstreet, Tokocrypto, and DIA. POA is peer-to-peer digital currency powered by the Blockchain technology.
POA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure POA's crypto coin current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess POA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.74 | |||
| Information Ratio | 0.1972 | |||
| Maximum Drawdown | 20.71 | |||
| Value At Risk | (3.63) | |||
| Potential Upside | 6.6 |
POA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for POA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as POA's standard deviation. In reality, there are many statistical measures that can use POA historical prices to predict the future POA's volatility.| Risk Adjusted Performance | 0.1897 | |||
| Jensen Alpha | 0.7694 | |||
| Total Risk Alpha | 0.2293 | |||
| Sortino Ratio | 0.2424 | |||
| Treynor Ratio | 4.63 |
POA Backtested Returns
POA appears to be unusually volatile, given 3 months investment horizon. POA retains Efficiency (Sharpe Ratio) of 0.25, which implies digital coin had a 0.25% return per unit of risk over the last 3 months. By analyzing POA's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please evaluate POA's semi deviation of 1.88, and Market Risk Adjusted Performance of 4.64 to confirm if our risk estimates are consistent with your expectations. The crypto owns a Beta (Systematic Risk) of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, POA's returns are expected to increase less than the market. However, during the bear market, the loss of holding POA is expected to be smaller as well.
Auto-correlation | 0.29 |
Poor predictability
POA has poor predictability. Overlapping area represents the amount of predictability between POA time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of POA price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current POA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
POA lagged returns against current returns
Autocorrelation, which is POA crypto coin's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting POA's crypto coin expected returns. We can calculate the autocorrelation of POA returns to help us make a trade decision. For example, suppose you find that POA has exhibited high autocorrelation historically, and you observe that the crypto coin is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
POA regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If POA crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if POA crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in POA crypto coin over time.
Current vs Lagged Prices |
| Timeline |
POA Lagged Returns
When evaluating POA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of POA crypto coin have on its future price. POA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, POA autocorrelation shows the relationship between POA crypto coin current value and its past values and can show if there is a momentum factor associated with investing in POA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether POA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of POA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Poa Crypto.Check out POA Correlation, POA Volatility and Investing Opportunities module to complement your research on POA. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
POA technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.